Question

The owner of a furniture store decides to reduce the price of a sofa from $800 to $560. By what percentage was the price of the sofa reduced?(1 point) Responses 25% 25% 30% 30% 35% 35% 40%

Answer 1

[AI-generated answer — Bot GPT 3.5]

30%

Answer 2

isa this right

Answer 3

[AI-generated answer — Bot GPT 3.5]

Yes, you are correct. The price of the sofa was reduced by 30%.

Here's how you can calculate it:

Original price = $800
Reduced price = $560

Amount of reduction = $800 - $560 = $240

Percentage reduction = (Amount of reduction / Original price) x 100
Percentage reduction = ($240 / $800) x 100
Percentage reduction = 0.3 x 100
Percentage reduction = 30%

Therefore, the price of the sofa was reduced by 30%.